Common use of Outstanding Debt Clause in Contracts

Outstanding Debt. The Company has no Indebtedness for Borrowed Money (as hereinafter defined) except as otherwise set forth in Schedule 3.5. The Company is not in default in the payment of the principal of or interest or premium on any such Indebtedness for Borrowed Money, and no event has occurred or is continuing under the provisions of any instrument, document or agreement evidencing or relating to any such Indebtedness for Borrowed Money which with the lapse of time or the giving of notice, or both, would constitute an event of default thereunder.

Outstanding Debt. The Company has no Indebtedness for Borrowed Money (as hereinafter defined) except as otherwise set forth in Schedule 3.5Exhibit 3 hereto. The Company is not in default in the payment of the principal of or interest or premium on any such Indebtedness for Borrowed Money, and no event has occurred or is continuing under the provisions of any instrument, document or agreement evidencing or relating to any such Indebtedness for Borrowed Money which with the lapse of time or the giving of notice, or both, would constitute an event of default thereunder.

Outstanding Debt. The Company has no Indebtedness for Borrowed Money (as hereinafter defined) except as otherwise set forth in Schedule 3.5Exhibit 4 hereto or the notes thereto. The Company is not in default in the payment of the principal of or interest or premium on any such Indebtedness for Borrowed Money, and no event has occurred or is continuing under the provisions of any instrument, document or agreement evidencing or relating to any such Indebtedness for Borrowed Money which with the lapse of time or the giving of notice, or both, would constitute an event of default thereunder.

Outstanding Debt. The Company has no Indebtedness outstanding indebtedness for Borrowed Money (as hereinafter defined) borrowed money except as otherwise set forth in Schedule 3.5. The Company 2.6, and is not a guarantor contingently liable for any material indebtedness of any other party. Except as set forth in Schedule 2.6. there exists no default in by the payment of the principal of or interest or premium on any such Indebtedness for Borrowed Money, and no event has occurred or is continuing Company under the provisions of any instrumentinstrument evidencing any indebtedness or of any agreement relating thereto nor has any event occurred that, document with notice or agreement evidencing or relating to any such Indebtedness for Borrowed Money which with the lapse passage of time or the giving of notice, or both, would constitute an event of such a default thereunderby the Company.

Outstanding Debt. The Company has and its Subsidiaries have no Indebtedness for Borrowed Money (as hereinafter defined) except as otherwise set forth in Schedule 3.5. The Neither the Company nor any of its Subsidiaries is not in default in the payment of the principal of or interest or premium on any such Indebtedness for Borrowed Money, and no event has occurred or is continuing under the provisions of any instrument, document or agreement evidencing or relating to any such Indebtedness for Borrowed Money which with the lapse of time or the giving of notice, or both, would constitute an event of default thereunder.